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Retailer Canadian Tire Corp Ltd reported a 20 pct fall in quarterly profit, as the company ramped up investments in its stores and online business.

Teck Resources Ltd said on Wednesday it had received regulatory approval for its $4.8 billion Phase 2 project at its Quebrada Blanca copper mine in northern Chile, a sprawling expansion that will boost production from the deposit to 300,000 tonnes of copper annually.

Two of Canada’s biggest insurance companies, Manulife Financial and Sun Life, on Wednesday reported second-quarter earnings which beat market expectations, benefiting in part from strong growth in Asia.